Q. Hourly and Flat Fees What’s the Difference?
A. Hourly and Flat Fees, What’s the Difference? Hourly and Flat rate billing are longstanding fee structures in the legal profession. Flat fee structures are typically common in practice areas such as criminal defense and family law. However, there is a growing trend for flat fee rates in estate planning, business, regulatory and employment matters. The following are key characteristics of flat fee and hourly rate structures: Hourly: · Billed per hour: An attorney will charge you per hour for their services. Typically, services will include an attorney’s time to write documents, conduct legal research, communicate with opposing counsel, communicate…
